October -
- Net sales decreased by 9% and amounted to
SEK 888 (973) million - Organic growth amounted to -15 (20) %
-
Adjusted EBIT amounted to
SEK 31 (79) million with a margin of 3.5 (8.1) % -
Cash flow from operating activities amounted to
SEK 195 (196) million -
Earnings per share for the period before and after dilution amounted to
SEK 0.11 (0.98)
January -
- Net sales increased with 4% and amounted to
SEK 3,526 (3,402) million - Organic growth amounted to -4 (25) %
-
Adjusted EBIT amounted to
SEK 173 (244) million with a margin of 4.9 (7.2) % -
Cash flow from operating activities amounted to
SEK 292 (268) million -
Earnings per share for the period before and after dilution amounted to
SEK 0.71 (2.67) - The board of directors has chosen not to propose any dividend
- The fourth quarter shows higher revenue and improved margins compared to the third quarter, but we continue to be affected by the tough market conditions. Encouragingly, towards the end of the year, we secured two major contracts for infrastructure projects planned to be completed in 2024, and our service areas of mining and exploration drilling, as well as operation and maintenance, continue to strengthen and show stable results. Additionally, we are pleased with our strong cash flow in the quarter and the effectiveness of the measures we have taken to increase efficiency and cost savings, says
The interim report is attached in its entirety to this press release and on the company's website: https://nordiskbergteknik.se/en/investors/reports-and-presentations/
A presentation and a recorded video where the company's CEO and CFO comment on the report is available on the company's website: https://nordiskbergteknik.se/en/investors/reports-and-presentations/
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https://news.cision.com/nordisk-bergteknik-ab/r/interim-report-q4--strong-cash-flow-and-activities-to-adapt-the-operations-to-the-current-market-cli,c3927148
https://mb.cision.com/Main/18649/3927148/2599065.pdf
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